Home Values

01542 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$218,900

  • -0.2% 1-year change
  • 1.4% 1-year forecast

The median home value in 01542 is $218,900. 01542 home values have declined -0.2% over the past year and Zillow predicts they will rise 1.4% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In 01542 102.6 homes are foreclosed (per 10,000). This is greater than the Worcester Metro value of 3.6 and also greater than the national value of 3.0

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 01542 homeowners underwater on their mortgage is 16.2%, which is lower than Worcester Metro at 18.0%.

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Relative ZHVI
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01542 Market Overview

Data through Mar 31, 2015
  • $218,900 ZHVI
  • 1.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No data Median sale price
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01542 Market Health

Data through Mar 31, 2015
  • 1.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 16.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

102.6 homes(Dec 31, 2014) 01542
3.6 homes Worcester Metro
3 homes United States
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Nearby Zip Codes

Name Median ZHVI
01507 $251,900
01524 $211,100
01501 $208,100
Name Median ZHVI
01540 $197,500
01602 $189,500
01562 $186,900
Name Median ZHVI
01611 $181,600
01537 $165,800
01603 $148,200

Listings & Sales

  • No data
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01542 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,526 01542
    $1,541 Worcester Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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